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Updated about 11 years ago on . Most recent reply

User Stats

243
Posts
103
Votes
Fitzgerald Hall
  • Wholesaler
  • Atlanta, GA
103
Votes |
243
Posts

89k Balance on house thats only worth about 50 in as is

Fitzgerald Hall
  • Wholesaler
  • Atlanta, GA
Posted

I received a call today who's husband passed away 2 weeks ago. She has a 3 bed 3 bath. She does not live in property but her son does. The loan balance is about 89k and her house is worth about 50k as is. 

How should I handle this situation? subject to, lease option, etc. 

Thanks in advance bigger pockets community.

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